These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
These are explanations and solutions for IB past papers, not the official version. For official papers, you can go to IB Follet or access them through your school.
01 Hours 30 Minutes
100 Marks
Calculator NOT allowed
IB BUSINESS MANAGEMENT SL, Paper 1, November, 2004, TZ0, Solved Past Paper
Master the 2004 IB November for Paper 1 Business Management SL with examiner tailored solutions and comments for TZ0
Question 1 [Explained]
This question asks you to evaluate the reasons why Riveau Yachts decided to convert their business structure from a partnership to a private limited company. This involves understanding the benefits and drawbacks of both business structures and assessing how these factors influenced their decision.
Question 2 [Explained]
This question involves calculating and analyzing various financial ratios for Riveau Yachts for the years 2001 and 2003. These ratios provide insights into the company's profitability, liquidity, and efficiency over these two years.
Question 2 [a] [Explanation]
This part of the question requires you to calculate several key financial ratios for the years 2001 and 2003. These ratios include:
- Return on Capital Employed (ROCE)
- Gross Profit Margin
- Net Profit Margin
- Current Ratio
- Acid Test Ratio
- Stock Turnover
Question 2 [b] [Explanation]
This part of the question asks you to evaluate the change in the financial position of Riveau Yachts between 2001 and 2003 using the ratios calculated in part (a). This involves analyzing the trends and implications of these ratios to understand how the company's financial health has evolved over the two years.
Question 3 [Explained]
Riveau Yachts is in need of additional financial resources to develop new products. This question asks you to choose two suitable forms of finance, outline their positive and negative aspects, and assess their suitability for Riveau Yachts' specific needs.
Question 4 [Explained]
This question explores how Riveau Yachts can adapt its marketing policies to support its expansion into overseas markets. The focus is on understanding the necessary changes in marketing strategies to cater to new markets, considering factors such as language, culture, stability, legal differences, economic factors, and political use of agents.
Question 4 [a] [Explanation]
This question asks how Riveau Yachts will need to adapt its marketing policies to support its expansion into overseas markets.
Question 4 [b] [Explanation]
This question asks you to develop a marketing strategy for Riveau Yachts for the S1200 model.